500265 Stock Overview
Maharashtra Seamless Limited manufactures and sells seamless steel pipes and tubes in India.
Maharashtra Seamless Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹746.05|
|52 Week High||₹850.85|
|52 Week Low||₹352.40|
|1 Month Change||-8.53%|
|3 Month Change||14.17%|
|1 Year Change||100.96%|
|3 Year Change||104.01%|
|5 Year Change||65.61%|
|Change since IPO||6,040.33%|
Recent News & Updates
|500265||IN Metals and Mining||IN Market|
Return vs Industry: 500265 exceeded the Indian Metals and Mining industry which returned -13.8% over the past year.
Return vs Market: 500265 exceeded the Indian Market which returned -3% over the past year.
|500265 Average Weekly Movement||4.8%|
|Metals and Mining Industry Average Movement||5.9%|
|Market Average Movement||5.9%|
|10% most volatile stocks in IN Market||9.2%|
|10% least volatile stocks in IN Market||3.8%|
Stable Share Price: 500265 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 500265's weekly volatility (5%) has been stable over the past year.
About the Company
Maharashtra Seamless Limited manufactures and sells seamless steel pipes and tubes in India. It operates through three segments: Steel Pipes & Tubes, Power – Electricity, and RIG. The company offers mild steel and galvanized pipes; API line pipes; oil country tubular goods (OCTG) pipes, such as casing tubing, drill pipes, coupling stocks, etc.; and hot finished pipes and tubes, and cold drawn and boiler tubes.
Maharashtra Seamless Fundamentals Summary
|500265 fundamental statistics|
Is 500265 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|500265 income statement (TTM)|
|Cost of Revenue||₹32.94b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||65.32|
|Net Profit Margin||9.03%|
How did 500265 perform over the long term?See historical performance and comparison
0.7%Current Dividend Yield
Is 500265 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 500265?
Other financial metrics that can be useful for relative valuation.
|What is 500265's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 500265's PE Ratio compare to its peers?
|500265 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
539597 Jindal Stainless (Hisar)
532508 Jindal Stainless
MIDHANI Mishra Dhatu Nigam
532734 Godawari Power & Ispat
500265 Maharashtra Seamless
Price-To-Earnings vs Peers: 500265 is expensive based on its Price-To-Earnings Ratio (11.9x) compared to the peer average (8x).
Price to Earnings Ratio vs Industry
How does 500265's PE Ratio compare vs other companies in the IN Metals and Mining Industry?
Price-To-Earnings vs Industry: 500265 is good value based on its Price-To-Earnings Ratio (11.9x) compared to the Indian Metals and Mining industry average (12.7x)
Price to Earnings Ratio vs Fair Ratio
What is 500265's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||11.4x|
|Fair PE Ratio||23.7x|
Price-To-Earnings vs Fair Ratio: 500265 is good value based on its Price-To-Earnings Ratio (11.9x) compared to the estimated Fair Price-To-Earnings Ratio (23.7x).
Share Price vs Fair Value
What is the Fair Price of 500265 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 500265 (₹775.75) is trading above our estimate of fair value (₹42.79)
Significantly Below Fair Value: 500265 is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
Discover undervalued companies
How is Maharashtra Seamless forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 500265's forecast earnings growth (23.4% per year) is above the savings rate (6.8%).
Earnings vs Market: 500265's earnings (23.4% per year) are forecast to grow faster than the Indian market (18.4% per year).
High Growth Earnings: 500265's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 500265's revenue (3.3% per year) is forecast to grow slower than the Indian market (10.6% per year).
High Growth Revenue: 500265's revenue (3.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 500265's Return on Equity is forecast to be high in 3 years time
Discover growth companies
How has Maharashtra Seamless performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500265 has high quality earnings.
Growing Profit Margin: 500265's current net profit margins (9%) are higher than last year (6.9%).
Past Earnings Growth Analysis
Earnings Trend: 500265's earnings have grown by 10.3% per year over the past 5 years.
Accelerating Growth: 500265's earnings growth over the past year (150.5%) exceeds its 5-year average (10.3% per year).
Earnings vs Industry: 500265 earnings growth over the past year (150.5%) exceeded the Metals and Mining industry 28.8%.
Return on Equity
High ROE: 500265's Return on Equity (12.5%) is considered low.
Discover strong past performing companies
How is Maharashtra Seamless's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 500265's short term assets (₹26.5B) exceed its short term liabilities (₹8.4B).
Long Term Liabilities: 500265's short term assets (₹26.5B) exceed its long term liabilities (₹8.5B).
Debt to Equity History and Analysis
Debt Level: 500265's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: 500265's debt to equity ratio has reduced from 22.8% to 19.2% over the past 5 years.
Debt Coverage: 500265's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 500265's interest payments on its debt are well covered by EBIT (11.3x coverage).
Discover healthy companies
What is Maharashtra Seamless's current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Maharashtra Seamless Dividend Yield vs Market|
|Company (Maharashtra Seamless)||0.7%|
|Market Bottom 25% (IN)||0.4%|
|Market Top 25% (IN)||1.6%|
|Industry Average (Metals and Mining)||6.4%|
|Analyst forecast in 3 Years (Maharashtra Seamless)||0.7%|
Notable Dividend: 500265's dividend (0.64%) is higher than the bottom 25% of dividend payers in the Indian market (0.36%).
High Dividend: 500265's dividend (0.64%) is low compared to the top 25% of dividend payers in the Indian market (1.63%).
Stability and Growth of Payments
Stable Dividend: 500265's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500265's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.7%), 500265's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 500265 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Raghav Jindal (42 yo)
Mr. Raghav Jindal serves as Managing Director of Maharashtra Seamless Limited and serves as its Director since September 21, 2022. He serves as the Managing Director of Jindal Drilling & Industries Ltd sin...
Experienced Board: 500265's board of directors are seasoned and experienced ( 10.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 500265 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|29 Sep 22||Buy₹9,403,644||Saket Jindal||Individual||12,500||₹752.29|
|29 Sep 22||Buy₹34,746,821||Sudha Apparels Limited||Company||50,000||₹694.94|
|28 Sep 22||Buy₹36,954,103||Sudha Apparels Limited||Company||50,000||₹739.08|
|22 Sep 22||Buy₹9,242,158||Saket Jindal||Individual||11,300||₹817.89|
|10 Aug 22||Buy₹3,977,425||Saket Jindal||Individual||5,300||₹750.46|
|10 Aug 22||Buy₹13,514,747||Sudha Apparels Limited||Company||18,000||₹750.82|
|08 Aug 22||Buy₹24,104,180||Sudha Apparels Limited||Company||32,000||₹753.26|
|29 Jul 22||Buy₹37,498,987||Sudha Apparels Limited||Company||50,000||₹749.98|
|31 May 22||Buy₹28,416,363||Sudha Apparels Limited||Company||51,100||₹556.09|
|15 Mar 22||Buy₹51,263,949||Sudha Apparels Limited||Company||92,400||₹554.80|
|14 Mar 22||Buy₹173,183,304||Sudha Apparels Limited||Company||315,461||₹551.50|
|10 Mar 22||Buy₹168,872,092||Sudha Apparels Limited||Company||319,991||₹527.89|
|08 Mar 22||Buy₹110,731,421||Sudha Apparels Limited||Company||218,593||₹506.57|
|04 Mar 22||Buy₹50,190,142||Sudha Apparels Limited||Company||98,567||₹509.20|
|28 Feb 22||Buy₹19,664,261||Sudha Apparels Limited||Company||40,312||₹488.45|
|23 Feb 22||Buy₹16,867,339||Sudha Apparels Limited||Company||33,858||₹498.18|
|23 Feb 22||Buy₹56,574,160||Dharam Jindal||Individual||113,350||₹499.50|
|18 Feb 22||Buy₹12,950,395||Sudha Apparels Limited||Company||24,648||₹525.41|
|16 Feb 22||Buy₹6,133,417||Sudha Apparels Limited||Company||11,926||₹514.29|
|14 Feb 22||Buy₹18,744,978||Sudha Apparels Limited||Company||36,005||₹520.62|
|31 Dec 21||Buy₹111,178,417||Sudha Apparels Limited||Company||218,044||₹513.11|
|20 Dec 21||Buy₹36,694,726||Sudha Apparels Limited||Company||75,032||₹489.05|
|06 Dec 21||Buy₹118,792,974||Sudha Apparels Limited||Company||237,147||₹506.29|
|03 Nov 21||Buy₹150,208,499||Sudha Apparels Limited||Company||299,000||₹502.37|
|Owner Type||Number of Shares||Ownership Percentage|
|State or Government||859,817||1.3%|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Maharashtra Seamless Limited's employee growth, exchange listings and data sources
- Name: Maharashtra Seamless Limited
- Ticker: 500265
- Exchange: BSE
- Founded: 1988
- Industry: Steel
- Sector: Materials
- Implied Market Cap: ₹49.985b
- Shares outstanding: 67.00m
- Website: https://www.jindal.com/msl
Number of Employees
- Maharashtra Seamless Limited
- 5 Pusa Road
- 2nd Floor
- New Delhi
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|500265||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jun 1996|
|MAHSEAMLES||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Jun 1996|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/04 00:00|
|End of Day Share Price||2022/10/03 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.